{"data":{"id":"us-or/ors-307.245","jurisdiction":"us-or","citation":"ORS 307.245","heading":"Denial of exemption for failure to reflect exemption by rent reduction.","body":"The funded property tax exemption granted under ORS 307.241 to 307.248 may not be granted in any year following a year for which the corporation has failed to satisfy the county assessor or the Department of Revenue that the exemption granted in the previous year has been reflected by a reduction in the amount of rent that would otherwise be paid for occupancy of the facility by its residents.","path":["08 - Revenue and Taxation","29. Revenue and Taxation","Chapter 307 — Property Subject to Taxation; Exemptions"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors307.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:13Z","sha256":"7ef126b26c66e9a95de690960fcbe08365465024ac955f207aa10bd27e51f49a","source_id":"us-or","stale":false,"prev":"us-or/ors-307.244","next":"us-or/ors-307.248"},"notice":"GroundRules: Original legal text. Not legal advice."}